Originally Posted by
ATC Watcher
Long articles in both le Monde and Figaro newspapers yesterday , looks like Ben has got all what he wanted . in exchange for renewing KLM CEO, he got effective control of KLM by creating a CEO governance that include KLM CEO and AF CEO, the group Financial Director and Ben as chairman. So the articles say Ben gets control over operations, routes, fleet acquisition and strategy for BOTH airlines.
As a (unrelated) bonus he signed a agreement with AF SNPL for a 4% increase ( they wanted 10) and some guarantee for the future of AF , effectively ending all SNPL industrial actions.
Not bad for an outsider ...
I think that the job of CEO must be made a lot easier when your company just reported an yearly operating profit of €1,300,000,000